194 Ponderosa LOOP, Paige TX 78659

The market data from 7 similar recent sales in PONDEROSA HOMESTEAD points to a value of approximately $320,475. To sell within a reasonable timeframe at fair market value, the $387,000 to $398,000 range is where I'd position this. With 4 comparable homes on the market in PONDEROSA HOMESTEAD, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (102 sqft compared to the average comp) is a meaningful differentiator in this price range. At 3.46 acres, the lot is larger than the 1.35 acre comp average, which factors into pricing. Buyers in PONDEROSA HOMESTEAD have 4 comparable options right now, with asking prices between $312,500 and $549,999. In 78659, home values have risen approximately 0.4% over the past 6 months. One of the strongest data points is 103 Bonham LN, Paige TX 78659, adjusting to $430,474; a strong comparable. 7 comparable transactions in PONDEROSA HOMESTEAD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group